L Capital Exits Portfolio Company xMatters to Everbridge
April 7, 2021
BURLINGTON, Mass, April 06, 2021 - Everbridge, Inc. (NASDAQ: EVBG) and xMatters today announced that the two companies have signed a definitive agreement for Everbridge to acquire xMatters for a purchase price of approximately $240 million in cash and stock, pending regulatory review and other customary...
L Capital Exits Portfolio Company Ascender to Ceridian
February 1, 2021
SYDNEY, AUSTRALIA, FEBRUARY 1, 2021 - L Capital Fund I portfolio company Ascender, a leading payroll and HR solutions provider in Asia Pacific, has announced it has entered into a definitive agreement to be acquired by Ceridian (NYSE:CDAY; TSX: CDAY), a global HCM technology and services company. Ascender will broaden...
L Capital Fund II Invests in Mirakl Alongside Permira
January 7, 2021
PARIS, FRANCE, DECEMBER 2020 L Capital Fund II has made a growth equity investment in Mirakl, a European eCommerce marketplace SaaS platform, alongside Permira, a leading private equity fund out of Europe with €44B in AUM. L Capital has previously invested with Permira in previous portfolio companies: Klarna,...
Elemica Acquires ProcessWeaver, Integrates Parcel TMS
December 16, 2020
Elemica’s acquisition of ProcessWeaver will complement Elemica’s transportation management capabilities with carrier-compliant parcel shipment execution—allowing companies in the network to digitally integrate 100 percent of their shipments for improved transportation economics. WAYNE, PA Elemica, the...
L Capital Exits Portfolio Company Syndigo to Summit Partners and The Jordan Company
December 16, 2020
SAN FRANCSICO, CA, DECEMBER 16, 2020 - L Capital Fund I portfolio company Syndigo (fka "Gladson"), a leading provider of a software-as-a-service for product information management and syndication, has announced a new round of growth equity investment led by Summit Partners ("Summit"), a global alternative investment...
PROBE Group Completes Acquisition of Leading Global Experience Provider, Stellar
October 13, 2020
MELBOURNE, AUSTRALIA, OCTOBER 2, 2020 — L Capital Fund I and Fund II portfolio company, PROBE Group, has completed the acquisition of their leading competitor, Stellar. PROBE is now the largest Australian-owned provider of customer contact and communication solutions (BPO) in Australia. Both organizations have long...
Switchfly Secures Investment to Drive Company Growth and Meet Demand for Next-Generation Travel Solutions
January 24, 2019
In response to its global growth and demand for its next-generation travel technology, leading travel ecommerce platform Switchfly LLC has secured growth funding from Golub Capital and L Capital LLC...
L Capital Announces Investment in GAL Manufacturing, Leading Manufacturer and Distributor of Elevator Components and Systems
July 1, 2017
L Capital LLC is pleased to announce its third equity investment by its inaugural fund, L Capital I LP. The minority investment in GAL Manufacturing was made in partnership with Golden Gate Capital, a San Francisco-based private equity firm with over $15 billion in committed capital...
L Capital Announces Investment in Syndigo (fka Gladson), the Leading Provider of Digital Content and Omnichannel Optimization Solutions for the CPG and FMCG Industries
June 30, 2017
L Capital LLC is pleased to announce its second equity investment by its inaugural fund, L Capital I LP. The minority investment in Gladson Holdings was made in partnership with the The Wicks Group, a private investment firm based in New York City that invests in middle-market companies operating in selected segments of the information and education industries principally in the United States and Canada...
L Capital Announces First Investment Out of Inaugural Fund in Ascender HCM, the Largest Independent Payroll Software and Services Provider in Australia, New Zealand and Asia Pacific Regions
January 31, 2017
L Capital LLC is pleased to announce the first equity investment by its inaugural fund, L Capital I LP. The minority investment in Ascender HCM is part of a new round of equity financing to fund the acquisition of the Australia/ New Zealand payroll business of NGA Human Resources...